The Langley Times • Friday, January 28, 2011 • 1
real estate
review we are home owners
Home ownership wasn’t something we’d considered until Cornerstone came along. One look at the showhome (nice) and a conversation with their mortgage-savvy sales team, and we were sold. We walked in on a whim, thinking, “There’s no way we can afford this”, and walked out on top of the world. Our folks agree — Cornerstone is a smart decision. Marcon has a great reputation; they’ve been around as long as we’ve been alive. And the best part is we can still afford to go on vacation!
1 & 2 BEDROOM HOMES FROM $687/MONTH* See our showhome at cornerstoneliving.ca or at 5655 - 210A St, Langley, Saturday to Thursday, 12-5. Call 604.534.6000.
*Visit Discovery Centre for details. This is not an offering for sale. Any such offering may only be made with a disclosure statement. The developer reserves the right to make changes without notice. E.&O.E.
Dan tenBrink 604.466.2838
GOLDEN EARS ESTATES Build your dream home at Golden Ears Estates, an exclusive cul-de-sac of five 1 acre lots in beautiful Fort Langley. Spectacular mountain views and lots of privacy. • 5 1 acre lots in an exclusive cul-de-sac • Spectacular mountain view • On municipal water/Septic fields required • Design guides available upon request. • Starting at $589,900
OPEN HOUSE SATURDAY, JANUARY 29th FROM 1-4 8125 232nd Street, Langley
Ridge Meadows Realty each office independently owned and operated
The Strength of Teamwork The Reputation of
Success!
Have Buyers ~ We Need Listings
Townhouse
®
www.dantenbrink.com
Ray Veenbaas
604.309.8541
1.800-668.8661
12128 - 228th St.
Recreational On Stave Lake! $159,000 Recreational Property .23 Hectare Crown Lease Land Private Retreat with Lake and Road Access, Cabin and Large workshop.
llapsed Deal Co arket M Back on $284,900
Richard Riemersma
Maple Ridge
#14-26970 32 Ave.
Recently Updated Immaculate 1360 SF 3 bdrm, 2 bath Close to Everything!
Al Matis
604.751.4700
$469,000
1020 SF 2 Bdrm Rancher Excellent Holding Property Currently Tenanted = Income! Fully Fenced 10,000+ SF Lot Workshop + tons of parking
Little Oak Realty Each office independently owned and operated #9 2830 Bourquin W., Abbotsford, BC • Toll Free: 1.800.668.8661
Just Listed Cloverdale Rancher 6049 - 180A Ave $509,900 3 bedrooms, Renovated, on quiet cul-de-sac
www.searchabbotsfordhomes.com
2
• The Langley Times • Friday, January 28, 2011
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The Langley Times • Friday, January 28, 2011 • 3
Verne Stel
REMAX ALDERCENTER REALTY 26641 FRASER HWY, ALDERGROVE
604-857-1100
WALNUT GROVE - HUGE PRICE ADJUSTMENT! 20367 89 AVENUE, WALNUT GROVE -
Sell N Save Realty
As low as
1%
($5000 Minimum )
FULL SERVICE WHY PAY MORE? FREE EVALUATION
Realtor.ca Advertising Open house Signage Full MLS
$
455,000
Picture perfect family home in Walnut Grove. This beautiful and meticulously cared for 2 storey home is ideal for the first time home buyer with 3 well appointed bedrooms and 2 1/2 baths, it has all you need. Close to great schools, shopping, and rec centres this is the place to raise a family. Call Verne for your appointment today at 604-857-1100.
SOLD
IMPRESSIVE RANCHER WITH TONS OF ROOM! 12575 62 AVENUE - $699,000
On the market for the 1st time this one of a kind hobby farm has it all for the do it yourselfer. From vegetable gardens, and built in watering systems to detached shops and tons of room for storage. It includes all the space you need to park all that you have, plus a beautifully updated 3700 square ft rancher. You will love the tiled floor and huge galley kitchen with walk in pantry just to mention a few things. Call today to see all this one has to offer.
EAST ABBOTSFORD - RANCHER WITH WALKOUT BASEMENT. 34597 Donlyn Avenue - $419,000
This is a great rancher for the whole family with a walkout daylight basement and wheelchair access on over a 1/4 acre. Lots of room here with 4 bedrooms, 2 baths, a games room and a family room. You will love the hardwood and tile floors and the oak kitchen with a built in pantry. Plus a new furnace, recent hot water tank, and it is approved for an in-home daycare. Call Verne Stel today to book your showing at 604-857-1100 Listings Wanted... Call Verne 604-857-1100
WANT :
IT SOLD?
BROOKSWOOD RANCHER
NEW LISTING WALNUT GROVE $289,900 desirable Highland Ridge. within walking distance to shops, schools, bus, parks, rec center/pool, library Great layout with patio & 3 bedrooms, 2 baths, bright kitchen, 2 car garage
TOP DOLLAR? REALTORS TO SHOW ?
And pay less fees? We pay more to the selling Realtor while charging you less. Call for details.
Free evaluation. 7200 SQ FT TREED LOT
4 bdrm 2 bth Great Rm, dark, maple kitchen large granite island, hardwood floors 60 x120 lot covered patio, interlocking brick walkways & patio, storage shed, totally private
INVESTORS FORECLOSURES
WILLOUGHBY 4 BED 3 BATH
& Pre foreclosures The right time to find a good deal is BEFORE everyone else. So if you are looking Handyman special 1800 sq for that “good” deal, ft need a lot of work but give us a call & we priced to sell @ $439,900. can add you to our Room for suite down list
End unit cozy fireplace, open concept granite countertops & SS appliances. Big deck ,double garage 4 yrs old
Let me show you how you can save thousands with my proven program
Bob Mills 25+ Years Experience 1500+ Lifetime Sales
778.320.1365 Medallion Member
www.SellNSave.ca
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• The Langley Times • Friday, January 28, 2011
The Langley Times • Friday, January 28, 2011 • 5
JANUARY 27/2011
…Take a look at the taxes, first. “If (government) is serious about reducing the consumer debt, they should look at mitigating the tax load that all levels of government place on new homes.”…[3]
New lending rules prompt questions on new-home tax If the government really wants to reduce Canadian consumer debt, it should look at reducing the tax load on new homes. Greater Vancouver Home Builders’ Association president and CEO Peter Simpson says it would be a good idea for government to review new-home taxes, after Finance Minister Jim Flaherty introduced more new lending rules on Canadian mortgages last week – the third time he has done so in three years. Simpson notes a 2009 Canada Mortgage and Housing Corporation study conducted before the HST was introduced shows purchasers in a Metro Vancouver municipality pay the highest percentage
of government-imposed charges on a median-priced home. An example in the CMHC study highlights that a $567,207 new home in Surrey means the homeowner pays $108,050 in continued on page 3
Sunset views in new White Rock homes
L
iving in White Rock means more than just purchasing a home here. It’s about buying into a coveted seaside community that celebrates its unique, village-like flavour in a dynamic, yet close-knit way. It’s about being part of a place where you belong. And the beaches and views? Beautiful bonuses. TRICIA LESLIE
Sandy beaches, stunning sunsets and fair weather. It can be hard to find a new home in the seaside city of White Rock, where the beaches and views are just some of the advantages of living in such a vibrant, close-knit community. With a population of 18,250, the oceanside city’s property values have “steadily increased due to White Rock’s attractive setting and amenities,” according to the city’s website. But one new home development gives homebuyers the chance to own a new condominium home with a White Rock address and enviable views for reasonable prices: Regency Court. “We are the only new woodframe construction in White Rock,” notes real estate agent Stewart Peddemors. Featuring four-storey lowrise woodframe construction, the stylish homes are designed with creative, open floorplans that maximize the living space in every unit. Located on Roper Avenue between Merklin and Best streets, the chic col-
15389 Roper Ave., White Rock
TMC Development’s Regency Court offers new homes in White Rock, a city that boasts a close-knit, seaside lifestyle. Martin Knowles and Brian Giebelhaus photos
lection of condos offers a central location right in the heart of White Rock. And the developer of the new homes lives right in the neighbourhood. TMC Development, a company that has built and sold more than 1,200 homes in B.C. over the past 33 years, is building Regency Court. TMC’s owner is a master European builder who lives with his wife and continued on page 3
Regency Court
Luxury Living in the Heart of White Rock
Just completed... only 21 available!
• Hardwood Floors • Ceramic Tile • Granite Counters
• Granite Backsplash • Stainless Appliances • Crown Moulding
• Riobel Faucets • Electric Fireplace • Air Conditioning
$279,000
Starting at including net HST
Stewart Peddemors Cell: 604 329-6759
Office: 604 541-4888 www.stewartpeddemors.com
6
• The Langley Times • Friday, January 28, 2011
S Y N PE RDA O U T A S
A PRICE YOU CAN LIVE WITH COQUITLAM TOWNHOME FROM
999
*
$
PER MONTH
Perched on a sun drenched hillside within The Foothills neighbourhood in Coquitlam, you’ll find Tyneridge. Spacious three and four bedroom townhomes designed with young families in mind. Priced from $389,900.
For information call 604.871.4126 or visit polyhomes.com
*Ask sales staff for details.
Polygon Tyneridge Homes North Ltd. Polygon Tyneridge Homes South Ltd.
The Langley Times • Friday, January 28, 2011 • 7
‘‘
There’s at least four fingers in the tax pie and only one taxpayer.”
First-timers: get on the house hunt
counter culture: granite still reigns
continued from page 1
taxes, fees and levies (and that’s GST only) – 19.05 per cent of the total sale price of the home. Vaughan, Ont. came in second at 18.86 per cent, while the lowest in the country was Whitehorse, Yukon at 4.7 per cent. “If (government) is serious about reducing the consumer debt load, they should look at mitigating the tax load that all levels of government – federal, provincial, regional and municipal – place on new homes,” says Simpson. “People should live within their means. First-time homebuyers should buy what they can afford and existing homeowners should be responsible when dipPeter Simpson ping into their home equity for other purchases,” he says, and adds the new rules will probably have a greater impact in this region than anywhere else in Canada, as “we have the country’s highest home prices.” In fact, home prices reached a recordhigh of $505,178 for an average home in B.C. in 2010, according to the B.C. Real Estate Association. The new lending rules will come into effect March 18. They are: Q Mortgage amortization periods will be reduced from 35 to 30 years. Q The maximum amount Canadians can borrow to refinance their mortgages will be lowered from 90 per cent to 80 per cent of the value of their home. Q The government will withdraw its insurance backing on lines of credit secured on homes, such as home equity lines of credit. The new rules are intended to ensure Canadians don’t slip into unmanageable debt. Simpson is pleased the new regulations don’t affect the down payment threshold on homes or current historically low mortgage rates, but emphasizes government-imposed fees are already extreme, and that first-time buyers will likely be the most affected. “There’s at least four fingers in the tax pie and only one taxpayer,” he says. “My biggest piece of advice to homebuyers would be to go to a lending institution to get pre-approved for a mortgage and then look at homes in that price range, comfortable in the fact that they will be able to afford them.” He notes the GVHBA is hosting its 17th annual First-Time Home Buyers Seminar on March 22, an event featuring a wealth of homebuying and mortgage information that typically attracts up to 850 prospective homebuyers (register at www.gvhba.org). Local mortgage broker Jamie Moi agrees that first-time homebuyers will likely be the most affected by the new rules, and urges potential purchasers to get their applications for financing to a lender – now. For example, Moi says, a young couple with a combined income of $100,000 and about $30,000 of debt who have saved $25,000 toward a home could increase their purchasing power by $25,000 if they place an offer on a home before March 18.
…off the front: “If you want the security of a new building with all the warranties in a great neighbourhood, definitely come by and check (Regency Court) out. It’s well worth the visit.” Stewart Peddemors, White Rock real estate professional continued from page 1
family within walking distance of the new homes. Comprised of a total of 56 units, the development is built to last with Hardie Plank siding and brick, gas-fired common hot water and double-glazed, energy-saving vinyl windows. Inside, designer-chosen hardwood floors grace main living areas, while designer textured premium nylon carpet is in the bedrooms. All windows have horizontal blinds and European-style baseboards are featured throughout. Bedrooms come with an air conditioning unit, and main living areas and kitchens have crown mouldings. Kitchens and bathrooms both boast granite countertops and Riobel faucets; kitchens also feature stainless steel appliances. Spacious balconies complement each home as well. “Every unit has a balcony,” says Peddemors. The homes are attracting first-time homebuyers to those making their last buy, “and everything in between,” he adds.
Regency Court residents all have access to amenity space that includes a meeting room, an entertainment lounge, a guest suite, an electric bike/scooter room and storage lockers. And that’s only inside. Outside, White Rock beckons with leisure activities starting with exploring the 1,500-foot-long pier and the 2.5-kilometre beach promenade that
connects East and West Beach. Lined with boutique shops, cafes, restaurants and other businesses, the Marine Drive ‘strip’ is always popular. There are also ample opportunities for golfing, swimming, kayaking, windsurfing, crab fishing, beach combing, hiking, sailing, team sports or simply, strolling the local parks and trails. “If you want the security of a new building with all the warranties in a great neighbourhood, definitely come by and check it out,” Peddemors says. “It’s well worth the visit.” Many Regency Court homes have been sold, but the remaining homes start from $279,000 and some ocean views are still available. Visit www.regencycourt.net.
HOME HUNTING
Regency Court offers brand-new homes with stunning views and spacious balconies in an exceptional White Rock location. Martin Knowles photos
Sales Director: Lisa Farquharson • 604-575-5364 • lisaf@bcclassified.com Editor: Tricia Leslie • 604-575-5346 • editor@newlocalhome.com Writer: Maggie Calloway • maggiec@blackpress.ca Advertising Sales: Black Press National Sales • Helen Koch • 604-575-5811 • helenk@blackpress.ca Online Advertising: Black Press National Sales • Scott Elliott • 604-575-5826 • scottelliott@blackpress.ca Designer: Brad Smith • bsmith@blackpress.ca New Local Home is published once a week by Black Press Group Ltd. (Suite 309 - 5460 152 Street, Surrey, B.C. V3S 5J9) 350,000 copies are distributed free across Metro Vancouver. Reproduction in whole or part is prohibited.
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• The Langley Times • Friday, January 28, 2011
The Langley Times • Friday, January 28, 2011 • 9
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Your final opportunity to own in ParkLane’s award-winning community of Bedford Landing. Spacious 1 bed + nook to 2 bed + den homes ranging from 650 – 1,050 square feet located directly on the waterfront in historic Fort Langley. Sales Centre 9275 Glover Road, Fort Langley | 604.888.2793 This is not an offering for sale. E.&O.E.
10
• The Langley Times • Friday, January 28, 2011
5000
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Sales Office Open Saturday - Thursday 12pm - 5 pm
w w w.falconhill.ca O FA L CL HIL
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The Langley Times • Friday, January 28, 2011 • 11
m o r n i n g s t a r
h o m e s
BIG January Sale! purchase your new home this january and morningstar will pay the property tr ansfer tax* and include a deluxe Whirlpool Stainless Steel Appliance pack age.
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GET DIRECTIONS AT MorningStarHomes.bc.ca *LIMITIED TIME OFFER. SOME CONDITIONNS APPLY. THE DEVELOPER RESERVES THE RIGHT TO CHANGE OR MODIFY THE OFFER WITHOUT PRIOR NOTICE. E.&O.E.
• The Langley Times • Friday, January 28, 2011
LANGLEY’S BEST VALUE!
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MOVE IN EARLY 2011 9OURÂ&#x;SEARCHÂ&#x;FORÂ&#x;THEÂ&#x;PERFECTÂ&#x;HOMEÂ&#x;ISÂ&#x;OVER Â&#x;'REATÂ&#x;PRICES Â&#x;QUALITY
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This is not an of fering for sale. Any such of fering can only be made by way of disclosure statement. E. & O.E.
9
Ă˜ Ă˜6%
Ă˜ 34
SUEDELIVING.CA | 604.514.1530
(7
34
WHY RENT WHEN YOU CAN OWN?
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1 T ! SE U A O 2 G N PH LD SE LI SO A EL PH S W O N
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The Langley Times • Friday, January 28, 2011 • 13
OPEN HOUSE
Saturday & Sunday Jan. 29 & 30 - 1-4 pm GREAT FOR SENIORS
Find your Dream Home in the Langley Times Real Estate Review. Publishing every Friday in your Langley Times.
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LANGLEY Q ALDERGROVE The Langley Times – your #1 Choice for Real Estate Advertising!
#210 - 20454 53rd Ave. Langley
This 2 bdrm unit has it all, nobody above or beside. Large working kitchen with newer appliances and large storage room. Lovely bright living and dining rooms. Master bdrm has a walk-in closet and cheater bathroom - shower and sink separated from toilet and sink. Both bdrms have sliding doors to balcony overlooking green space. Low maintenance fees. Bldg rebuilt in 2003. Gated, underground parking. Close to senior’s centre.
For further info call:
Stephanie Ohirko 604-421-7275 at Park Georgia Realty
review OPEN HOUSES THIS WEEK
real estatee VE Q ALDERGRO Q LANGLEY
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te Advertising!
210 - 20454 53rd Ave., Langley 2 bedroom unit has it all. Large kitchen with newer appliances and large storage room. Bright living and dining rooms. Master has walk-in closet and cheater bathroom. Balcony overlooking green space. Low maintenance fees. Bldg. rebuilt in 2003. Close to senior's centre.
Stephanie Ohirko 604-421-7275 Park Georgia Realty
8125 232nd Street, Langley • Starting at $589.900 Golden Ears Estates. Build your dream home in an exclusive cul-de-sac of five 1 acre lots in Fort Langley. Spectacular views and privacy. Municipal water/septic fiels required. Design guides available.
Dan tenBrink 604-466-2838 ReMax Ridge Meadows Realty
Real Estate Review Every Friday in your Langley Times Call Delaina MacDonald to book your ad 604-514-6761